A loan of $1,250 helped a member to buy 15 sacks of manioc, 15 large bundles of plantains, 10 sacks of yams, and 7 sacks of sweet potatoes.


Gnongonfamou (Soyons D’ Accord) Group's story

Gnongonfamou Group is made up of married women living in the Koulikoro neighborhood in Koutiala. They live in large traditional families, with their husbands, children, and other relatives. They average 30 years of age and have at least three children. The members of the group sell various products, such as clothes, fruits and vegetables, food condiments, yams, and also provide sewing services. Three years ago, and in oder to bolster their businesses, the members of the group decided to join the loan program of Kiva's partner, Soro Yiriwaso. They are seeking their fifth group loan, and the previous ones were repaid without problems. Mama is a member of this group. She's wearing a black dress in the photograph, and deals with food products. She intends to use her loan to buy 15 sacks of manioc, 15 large bundles of plantains, 10 sacks of yams, and 7 sacks of sweet potatoes. She gets her supplies gradually, in Sikasso and in Loulouni, and retails for cash at the Grand Market in Koutiala, as well as door-to-door, to a very diverse clientele. Whereas the members of the group intend to turn and average profit of XOF 95'000 (ca US$ 176) each during this loan cycle, Mama intends to reach XOF 110'000 (ca US$ 204). In addition to repaying the loans, the women will use part of their income to cope with their families' daily expenses. They would like to strengthen this partnership with Soro Yiriwaso, in order to diversify their products. Note: Massetou is not in the group picture because she was sick when the photograph was taken.

In this group: Mama , Djene, Djeneba , Aby, Alima , Massetou *
*not pictured

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Translated from French by Kiva volunteer Patrick Stadelmann



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